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HTC Global Services

HTC Global Services Inc., established in 1990 and headquartered in Troy, Michigan, United States, is a provider of information technology and business process services.[3]

History

HTC Global Services Inc. was founded in 1990 by Indian entrepreneur Madhava Reddy, as a Michigan-based, privately owned information technology and business process outsourcing services company. Reddy[4] is the president and CEO of the company. Currently the company has 11,000 employees globally including from Ciber and CareTech, which it has acquired in 2017 and 2014 respectively.

In 2018, the company invested ₹100 crore in a 4,500-seat development center located in Vandalur, to the south of Chennai, which will support the company's IT operations and business process outsourcing growth.[5] In India it has centers in Chennai, Hyderabad, and Bengaluru in India,[6][7][8] with other places of operations in Michigan (US), Singapore, Australia, the Middle East and Malaysia.[9][5]

Acquisitions

In 2014, the company acquired CareTech Solutions, a US-based healthcare IT services provider.[10][11] CareTech now operates as a wholly owned subsidiary of HTC and provides IT services primarily to the healthcare providers in the US.[12]

In May 2017, HTC Global Services acquired Ciber,[13] a global information technology consulting, services and outsourcing company for $93 million US, headquartered in Greenwood Village, Colorado.[14][15][16][1]

In 2021, HTC Global Services unified its subsidiaries CareTech and Ciber under one company name, HTC Global Services.[4]

Services

The company deals in application services,[17][18] application maintenance and support services, mobile applications, artificial intelligence,[19] digital transformation, data management and analytics, ERP,[20] EGrAMS, and HTC CMS. HTC also deals in content digitization,[21] eBook conversion, and back office services.

In 2022, HTC partnered with Guidewire as a Consulting Select partner for the Americas to help insurers adapt to a rapidly changing industry.[22]

In 2021, HTC partnered with Informatica as its value-added distributor for the India market to accelerate digital transformation through cloud adoption.

In September 2018, the company inked a pact with Automation Anywhere, a developer of robotic process automation software based in California, to further boost HTC's RPA (robotic process automation) services, by building BOT-based industry-specific solutions with cognitive abilities.[23][24]

It developed software service offers and product developments for sectors in the field of analytics, mobility, infrastructure services and emerging technologies. Its global clients include JP Morgan, Canon, Reserve Bank of India, Bank of America, MRF and Electronics Corporation of Tamil Nadu.[5]

Products

The company offers grant management software that automates the grant management process. HTC has installed Enterprise Grants Management System (EGrAMS)[25] for various states and state agencies in the US.

HTC is a Tier 2 investment partner of Kuali Foundation to develop and deliver a next-generation library management system for various universities.[26]

See also

References

  1. HTC Global: IT firm HTC Global buys US-based Ciber for USD 93 million - Times of India The Times of India, 22 June 2017^
  2. Newsroom^
  3. HTC Global to expand reach with CareTech Healthcare IT News, 2014-12-19, retrieved 2024-11-01^
  4. B. S. Reporter. HTC Global acquires US firm Ciber Inc for $93 million Business Standard India, 2017-06-23, retrieved 2022-04-22^
  5. HTC invests ₹100 crore in development centre The Hindu Business Line, 12 March 2018, retrieved 14 May 2021^
  6. HTC Global Services to hire 3,000 people in India The Economic Times, 8 January 2019, retrieved 13 May 2021^
  7. HTC Global Services, Inc.: Private Company Information – Businessweek Businessweek.com, retrieved 2016-03-14^
  8. HTC Global services to recruit 3,000 people - The Economic Times The Economic Times^
  9. HTC Global Services Aims To Clock USD 1 Billion Revenue By 2020 www.andhrawishesh.com, 23 June 2017, retrieved 14 May 2021^
  10. HTC Global Service acquired CareTech Solutions Yahoo.com, retrieved 2014-12-19^
  11. HTC Global Service acquired CareTech Solutions The Hindu, 19 December 2014, retrieved 2014-12-19^
  12. HTC Global Services Acquires CareTech Solutions www.businesswire.com, 18 December 2014, retrieved 14 May 2021^
  13. Michael Novinson. End Of An Era: HTC Global Closes $90.7M Purchase of Solution Provider Ciber CRN, 9 June 2017, retrieved 14 May 2021^
  14. HTC Global to Buy IT Consultant Ciber Nearshore Americas, 19 May 2017^
  15. HTC Global to Buy IT Consultant Ciber for $93 Million The Wall Street Journal, 19 May 2017^
  16. HTC Global to Buy IT Consultant Ciber for $93 Million Fox Business, 19 May 2017^
  17. HTC Global to work with RBI indiatimes.com, retrieved 2014-03-10^
  18. HTC Global to work with RBI The Hindu, 11 March 2014, retrieved 2014-03-11^
  19. HTC Global Launch Artificial Intelligence, machine-learning products 11 December 2017, retrieved 2017-12-11^
  20. N. Anand. ELCOT becomes first Enterprise Resource Planning-driven office The Hindu, 11 March 2010, retrieved 2010-03-11^
  21. These massive scanners in Chennai are digitising everything from the lyrics of Beatles' Yesterday to Earth's rarest paper document Edex Live, 12 May 2019, retrieved 2022-04-28^
  22. Guidewire Announces HTC Global Services as New Consulting Alliance Partner www.guidewire.com, retrieved 2024-11-01^
  23. Martin F.R. HTC Global Services To Recruit 3,000 Techies In India Analytics India Magazine, 9 January 2019, retrieved 14 May 2021^
  24. HTC Global Services plans to recruit up to 3,000 people in India; sets revenue target at $1 bn by 2020 Firstpost, 8 January 2019, retrieved 14 May 2021^
  25. EGRAMS Trademark Information trademarkia.com, retrieved 2005-08-31^
  26. Simon Barron. Kuali OLE Ariadne, 2015, retrieved 2016-12-15^